Accountancy, asked by kavu1, 1 year ago

why current assets are also known as floating assets?

Answers

Answered by poja1
1
because they can be converted into money within one year

kavu1: that is current assets
kavu1: what u answered is not correct
Answered by VatsalSatija
0
Current assets are also known as floating assets as they value keeps on changing / fluctuating frequently
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